For Blackstone Tactical Opportunities - Blackstone To view recent press releases,click here. "We are thrilled to partner with ZO, Dr. Zein Obagi and the management team to continue to serve patients. OR Blackstone Tactical Opportunities - Investments, Portfolio & Company Exits We look forward to partnering with the company and its management team to continue accelerating their further expansion as they deliver leading sustainability products and solutions to their customers., Fabian De Armas, CEO and Chairman of Sustana, said: Blackstones investment is a strong endorsement of our Company and our highly talented team, and launches an exciting new chapter for Sustana. All quotes delayed a minimum of 15 minutes. Words or phrases such as "believe," "may," "could," "will," "estimate," "continue," "anticipate," "intend," "seek," "plan," "expect," "should," "would" or similar expressions are intended to identify forward-looking statements. Through Cryoport's acquisition, we believe MVE Biological Solutions will deliver strong growth as the demand for its solutions from cell and gene therapy customers continues to increase. Opportunities business (Blackstone) have agreed to acquire a majority Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Learn More $33B Assets Under Management 161 Investments 147 Tac Opps Professionals Globally WHAT WE DO We invest flexible capital to construct a differentiated portfolio for our investors. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging, Blackstone acquires Sustana Group from HIG Capital, Notizie da AC Ventures, Lowercarbon Capital, Borderless Capital, INVL Asset Management, HIG Capital, Blackstone Tactical Opportunities, Lee Equity Partners. Blackstone Tactical Opportunities is set to acquire the Certified Collectibles Group, a leading provider of Tech-Enabled Authentication, Grading and Conservation Services for the Global Collectibles Industry. Q1 2023 US Beauty Sales Driven by Lips, Prestige Fragrance, Clinical Skin Care & More, Paula's Choice Launches Beautypedia Skin Care Ingredient Checker, Prada Beauty Brings AI-generated Imagery to Latest Instagram Campaign. As part of the strategy, the team leverages the intellectual capital across Blackstone's various businesses while continuously optimizing its approach in the face of ever-changing market conditions. To access the replay of the webcast, please follow this link. See here for a complete list of exchanges and delays. opportunistic, non-investment grade credit, real assets, and secondary A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. Individual Investors & Financial Advisors. The skin tool rates ingredients on a scale of best to worst based on cited research from a broad range of fields including anatomy, physiology, dermatology, cosmetic chemistry, genetics, environmental science and safety. Blackstone Tactical Opportunities to Acquire the Certified Collectibles CCGs leadership team will remain in place, combining their experience and and Main Street Advisors, a leading investment advisory firm to prominent Swedish oat-milk maker Oatly has sold a $200 million stake to a group led by private-equity giant Blackstone Group that includes Oprah Winfrey, Natalie Portman, former Starbucks chief Howard . were drawn to CCG because of their leadership role in the categories that Exclusive: Blackstone set to raise as much as $10 billion for tactical Our 2020 investment funded a strategic acquisition that expanded Cryoports product offering and strengthened their ability to provide fully integrated, end-to-end supply chain solutions. https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl. This copy is for your personal, non-commercial use only. Blackstone Tactical Opportunities to Acquire the Certified Collectibles new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. expertise with Blackstones extensive resources. positive impact for the companies it acquires and the communities that they Blackstone Group's Tactical Opportunities Group struck a deal to acquire specialty insurer Philadelphia Financial Group from publicly traded Tiptree Financial Inc. for about $155 million in cash plus an additional $10 million to be paid over two years. Capital. Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. We look forward to partnering with the company and its management team to continue accelerating their further expansion as they deliver leading sustainability products and solutions to their customers., Fabian De Armas, CEO and Chairman of Sustana, said: Blackstones investment is a strong endorsement of our Company and our highly talented team, and launches an exciting new chapter for Sustana. Additional investors in todays transaction include Roc Nation; Michael mariel.seidmangati@blackstone.com We provide opportunistic capital, timely investing decisions and differentiated solutions. Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. This acquisition is a further step in Cryoport fulfilling its mission of being "the life sciences industry's preeminent partner for temperature-controlled supply chain solutions" by broadening its footprint of solutions and services to the life sciences industry, and in particular to the fast-growing cell and gene market. Our team has built the leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. About Blackstone Tactical OpportunitiesTactical Opportunities (Tac Opps) is Blackstones opportunistic investment platform. About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. three continents, robust digital offerings and comprehensive certification Over the last 35 years, CCG has expanded from collectible coins to comic books, banknotes, magazines, concert posters, stamps, trading cards, sports cards and estate items. Blackstone Tactical Opportunities to Acquire the Certified Collectibles Blackstone is one of the world's leading investment firms. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. Cryoport, Inc. (Nasdaq: CYRX) is redefining temperature controlled supply chain support for the life sciences industry by providing a broad platform of temperature-controlled supply chain solutions, serving the Biopharma, Reproductive Medicine, and Animal Health markets. Under the terms of its investment, Blackstone will purchase $250 million of a newly designated Perpetual 4% Series C Convertible Preferred stock of the Company, with a purchase price of $1,000 per share, and $25 million ofcommon stock of the Company. All Rights Reserved. trademarks or unregistered trademarks of Numismatic Guaranty Corporation of Private Equitys First-Quarter Fundraising Dollars Hold Steady but Closings Fall, Ares Management Profit Lifted by Management Fees, Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico, I Squared Capitals Andreas Moon Leaves Firm He Helped Build. these goals. We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. To view recent press releases,click here. For CCG In 2020, Tac Opps invested in Ki, the first fully digital and algorithmically driven insurance underwriter in the Lloyds of London market. Our Standards: The Thomson Reuters Trust Principles. Sara Moss joined ELC in 2003 as executive vice president and general counsel. Dec. 3, 2021 - Blackstone on Dec. 2 announced that funds managed by its Blackstone Tactical Opportunities business ("Blackstone") have acquired Sustana Group from an affiliate of H.I.G. Blackstone is the world's largest alternative asset manager. differentiated investment opportunities. Blackstone Duane Morris acted as legal advisor to CCG. Since 1987, the CCG companies have certified more than 60 With the acquisitions of MVE, CryoPDP and Cryogene, Cryoport will provide fully integrated, end-to-end supply chain solutions to cell and gene therapy clients as well as the broader life sciences industry. Mark Salzberg, CCGs founder, and This acquisition provides multiple value creation opportunities for Cryoport and MVE Biological Solutions that offer additional revenue growth upside, including the development of new product innovations, opportunities to grow with key distributors in the U.S., and the opportunity to increase direct customer sales and distributor relationships globally. funds, all on a global basis. From the moment we met the Blackstone team, we could tell that we shared ", Ram Jagannath, Senior Managing Director of Blackstone, said, "Life sciences and logistics are two of Blackstone's highest-conviction investment areas and we're excited to back an industry-leader at the cross-section of these fast-growing sectors. . Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. SARASOTA, FLA. (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. companies they invest in, and the communities in which they work. Sustana Group, comprised of Sustana Fiber and Rolland, is committed to industry-leading product quality, continuous improvement and environmental stewardship by innovating solutions that are better for business, better for the environment and better for society at large. business. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging | Business Wire Blackstone Tactical Opportunities. Further information is available at www.blackstone.com. We look forward to working together to help the company continue and even accelerate its impressive growth trajectory.. It is important to note that Cryoport's actual results could differ materially from those in any such forward-looking statements. athletes, recording artists, and other leaders across entertainment and ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. DIBS Beauty's L Catterton Investment will Propel Brick-and-mortar Retail Expansion, Jeff Lee, the brand's CEO and founder, notes, "Our makeup goes where our customers go, and we intend to meet them both across our rapidly expanding digital channels and in brick-and-mortar retailers. (608) 807-9033 As a regional leader, we believe VNET is well positioned to help meet this growing demand. Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. We look forward to working together to Blackstone ( NYSE:BX) announced today that funds managed by its Tactical Opportunities business have agreed to acquire a majority stake in the Certified Collectibles Group (CCG) in a transaction . America, and/or its related companies in the United States and/or other Ki has a strong, innovative management team which established the business in partnership with Brit, a leading Lloyds underwriter with a long track record of success. Matthew.Anderson@Blackstone.com It has been incredible to be a part of this journey as we achieved and then exceeded these goals. It has also acquired packaging products firm Sustana Group and ZO Skin Health, a California-based cosmetics company. Blackstone Tactical Opportunities has made 14 investments. Our asset management businesses, with $564 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. SARASOTA, FLA. (July 1, 2021) Solutions. Search for: *. Capital (H.I.G.). CCGs leadership team will remain in place, combining their experience and expertise with Blackstones extensive resources. Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. While the legislation will continue to morph over the next few years with additional guidelines, there are three things that all beauty companies can do to prepare for whats passedand whats nextwhen it comes to modernizing. industry.. Blackstone is the worlds largest alternative asset manager. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will . Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Blackstone is one of the worlds leading investment firms with nearly $650 billion in assets under management and a strong track record of creating value and a positive impact for the companies it acquires and the communities that they serve. It services a diversified customer base through four facilities, all of which have leading energy efficiency, water conservation systems, wastewater treatment technology and recycling of process by-products. Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. Capital ("H.I.G."). Headquartered in De Pere, Wisconsin, Sustana uses post-consumer materials and the high standards for environmental sustainability to produce a comprehensive suite of recycled fiber, paper and packaging solutions for customers throughout North America. We have been closely following the rise of the global physical and digital collectibles industry for several years and we were drawn to CCG because of their leadership role in the categories that they serve, and Blackstones ability to grow the platform through both organic and inorganic initiatives. We do this by using extraordinary people and flexible capital to help companies solve problems. All rights reserved. Individual Investors & Financial Advisors. This marks an exciting time in our growth as we become a larger and more comprehensive global player in supporting the fast growing cell and gene therapy industry and the life sciences industry, at large, with the most advanced and reliable temperature-controlled supply chain solutions in the world. Blackstone is one of the worlds leading investment firms and seeks to trusted by collectors, dealers and investors around the world. I am excited to join with Blackstone as we enter the next they serve, and Blackstones ability to grow the platform through both help the company continue and even accelerate its impressive growth Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.
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